Porsche Profits The Investor
Go ahead and kick yourself. Go ahead. No, go on. I'm doing it right now, myself. Ordinarily, I'm not an advocate for afflicting grief of any kind on one's self, but this is just unbearable.
Porsche, A.G., makes of the one of the world's most iconic sportscar brands and has proven itself time and again as the number one performing automotive stock. Traded on Frankfurt's XETRA-DAX, the stock has operated outside most American investors' radar screens for the obvious reason that it's not sold on the NYSE or NASDAQ bourses. And when it comes to equities, us Yanks tend to think inside the lower-48 in general.
Well, if we had broadened our horizons and purchased Porsche stock three years ago, we would have invested at a lofty €300+ per share. And if we had possessed the patience to hold onto that stock for those three years, we could've cashed it in today at a value of €1,022 per share.
Read the figures and weep.
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